Nifty Intraday Trade Setup | 28th March

Nifty opened with a Gap-up around 17290 and we saw a fall from the open which brought Nifty towards 17080 but that worked as a support and Nifty got bounced towards 17200.

Trades we took today -

> Bought Nifty 17300 CE at 165 which we booked with 10 points loss
> Bought Nifty 17350 PE at 290 which went to 306 but missed our 1st Target by 4 points and we booked at cost

Overall, it was a choppy day and not good for Option Buyers.

Tomorrow, if Nifty sustains below 17120, we may see a down-move.

Expectations for Tomorrow: Volatile Day.

Intraday Levels:
Buy Above - 17200
Sell Below - 17120

To motivate us, Please like the idea If you agree with the analysis.

Happy Trading!
InvestPro India Team

Trade geschlossen: Ziel wurde erreicht:

Sell Trade Triggered, 1st and 2nd Targets Done.